Paypal's stock price seems to be forming a nice bullish chartist pattern, a falling wedge, which has been going on since the beginning of the year. If resistance is broken, NASDAQ:PYPL could return to a nice uptrend, after numerous DCA buy points have been given by our " Magic Bands (PMB) " indicator.
NASDAQ:PYPL Bounced from the lower trend line. As I mentioned, in Oct 26 post, for this bounce to turn into a sustainable reversal it needs to get above $62. Better yet $65.
$62 to $65 range represents the POC resistance zone.
Upside targets:
$60
$64
$75
$81
Downside risk:
$51
Monday, January 22, 2024: $85
Monday, April 29, 2024: $130
The payment industry is undergoing significant change, and PayPal, a leading player, has faced challenges. The recent appointments of CEO Alex Chriss and CFO Jamie are pivotal in PayPal's journey. This thesis explores their strategies to revitalize the company in the dynamic payment ecosystem.
Leadership...
Paypal is expected to earn 4.95 eps this year 2023 and yet the stock is lagging the sp500. If risk avoidance returns in the sp500, it is possible that paypal underperforms further if the paypal downtrend continues.
However, wouldnt that be a value buying opportunity? if paypal reaches the 50 level and paypal continues to grow its earnings power (as analysts...
Apple's foray into the payment industry is impacting PayPal's stock price, causing concern among investors. Analysts are closely monitoring PayPal's third-quarter earnings report to assess the company's current standing and future prospects. Despite projected earnings of $1.16 per share, PayPal's stock has been struggling, experiencing a 32% drop since the...
📶 S T A T I S T I C A L A N A L Y S I S
Current 50-Day Market Trend: short/sellers/negative.
Next Swing: positive swing to resistance.
Next Wave: buy wave to the deviation.
Next 50-Day Market Trend: long/buyers/positive.
Trade Type: Touch & Go don't wait for a close.
💵 E A R N I N G S A T A G L A N C E
Market Capitalization: 56.055B
Release...
Here we have Paypal on linear scale, multi month bullish divergence forming inside a falling wedge. As a contrarian, I like this setup.
Interestingly, the RSI is soon going to backtest the neckline of an inverse head and shoulder pattern coming in at 24.90% level in the oversold area on the weekly timeframe. Should this be backtested as support, I believe Paypal...
I am a big supporter of PayPal but I believe its share value will get worse before it gets better. According to its Q2 2023 results, the online payment company experienced a deterioration in its liquidity with a cash ratio difference (cash/total current liabilities) of -0.04 when compared to its Q2 2022 results. The Q3 2023 Earnings Call taking place on Wednesday...
Paypal has just been absolutely slain lately. The stock just keeps falling to lower and lower PE ratios. I do prefer Sofi as a growth play any day to the company. Following a multi-month downtrend in RSI there appears to be no floor to the stock price. The financial statements have been turning a corner and I am surprised that the stock continues to freefall. The...
I've been watching PYPL for the last year completely free fall out of logic.
1. I don't think PayPal is going bankrupt as they have 435,000,000 Active Accounts
2. They've been hit with the DeFi Fear selling resorting to testing out Ethereum.
3. They're now realizing Ethereum is garbage and makes zero sense meaning PayPal is closer to turning out and adopting a...
NASDAQ:PYPL Well, I missed the mark. Instead of a bounce, the bearish scenario played out and the stock dropped to $51.
If $51 doesn't hold, the price could drop further to $46-$43 area and close the gap.
I still think, $51 could act as decent support. For a trend reversal it would need a move above $62.
I will publish an update when there is potential for...
In this first video I explained how one can apply wave analysis to foresee in a statistical / mathematical way what the direction of the price could be.
It's something unique that allows traders /investors to be more aware about their decisions, as they can calculate how long a price can keep rising /falling.
For the next days we keep expecting the lowering of...
No doubt, that this week is not only going to be important to the overall markets.
While NASDAQ:PYPL is, once again, at crucial support.
To me, the $49 area (.all time .786 on Log) remains a key point.
Closing the gap below that zone is kinda fine but already pretty overcrowded & obvious - making me leaning more to expect bears squeezing things further down....
Block and PayPal are trading at exceptionally low levels and have the potential for substantial revenue and profitability growth.
The drop in stock prices is due to overvaluation during the previous bull market, but the pendulum has swung too far in the opposite direction.
Changes in leadership at both companies could lead to increased efficiency...
Paypal - NASDAQ:PYPL
Earnings release on 1st Nov 👀 and two chart patterns are going to hold or break....
Potential Falling Wedge (blue) could be about to hold or break down, along with a potential positive divergence (purple) which needs to hold here also.
I continue my DCA into these lows. Position size is still on the small side and i am DCA'ing with an...
